/biz/ - Business & Finance

>>28717337
whattt

>>28717544
i will make the same thread next week after we hit 500$
:))))))))))))))))))

>>28717337
biz won't listen anon. i've been warning them since $2

>>28717337
Educate me at least shoot some
Links

>>28717985
From other thread:
Kusama:Dot 5:1
300 dot projects launching on ksm in Q1-2
100 of the best performers will get a dot parachain and launch the most proper defi wave addressing most of the issues we've been having with eth
Does not exclude eth, even incorporates it along with btc
What has Gavin Wood written?
Have you looked at the javascript platform already live and staking on a multitude of live dot projects?
I'm honestly surprised this is not the main topic of biz

https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/staking
https://polkaproject.com/

>>28718256
parachain auctions. april at the latest. but everyone knows it will be in march

>>28717337
Stop telling /biz/ about this

>>28719172
why, some of them are aight

>>28719490
i can only buy 7.... Why should i buy this over dot, where i can buy 40 and get 4.8 a year.

>>28717337
How many fucking times do we have to tell you to delete any KSM/DOT threads???

>>28717337
The king of shitcoins

What will be circulating supply after parachain auctions? Are they releasing some? Wont it just be tiny?

>>28718256
What?

>>28719953
loooooool

>>28717337
RVN is the only bird im backing, its the bridge between wallstreet and the crypto market, still ridiculously undervalued

>>28720188
same supply as now, but demand will be insane. we are talking 1000$ per $KSM

>>28717647
$1b market cap
>oh boy guys, we are going to drive $5 billion worth of buys in one week
fucking kek you are so stupid it's painful

>>28717337
kusamafags on discord are tattooing the logo on themselves in euphoria. its a redditor coin for sure

>>28720445
look at graph you mongoloid
its just kusama is much better and bigger project

but for you faggots i guess its better to buy rubic, asko or whateaver the newest cryptocurry is
ahhahhahhahahhahahah

>>28720276
This is the first time I’ve seen RVN get shilled on biz. It’s easy as fuck to mine right now too with profitability almost as high as ethereum. Let’s keep it on the down low for now eh.

>>28720694
Eth mining has been paying my gas fees nicely this run
Rvn is kinda useless even though their material is well crafted and sounds promising / exciting

>>28720445
also most of kusama is staked you coping faggot, you can only unstake in 7d

>>28717337
>investing in a testnet

>>28720694
>>28720884
>rvn
It's not ravencoin idiots.

>>28720560
>>28720928
I see the graph
Here is how market cap works:
The combination of all liquidity pools trading the token are aggregated, the backing currency is assessed for value, then the traded coin is valued by its ratio to the backing currency

i.e. 100 NIGGERCOIN -> 1000 ETH in a liquidity pool makes 1 NIGGERCOIN = 10 ETH = $17k
To make NIGGERCOIN double in value, you need 2000 ETH in the pool with the same 100 NIGGERCOIN in the pool

This means that you will need 5x the backing currency to 5x your market cap. That means you will need $4 billion worth of backing currency like BTC or ETH to be traded for KSM in order to 5x your money

STUPID NIGGER

>>28721079
you are soo stupid it hurts

>>28721271
Good luck trying to 5x your high MC shitcoin faggot

>>28717337
Take this down, biz is not worthy of the canary.

>>28721079
Don't bother with this project, way out of your scope
Dot has a large marketcap that will grow even more to accommodate all these apps
Said apps will go through a rigorous competitive launch and testing phase on kusama, currently underutilised, which will grow to meet and eventually bridge with the survivors network, dot, with similar marketcaps
If you have a brain your comment will eventually embarrass you

>>28721410
hahahahhahahhahahhahahahhwhwhahwhhwhwwhhahahahhahahahhahah i cant fucking breathe. take a load of this faggot

>>28721410
Research parachain auctions
You're welcome faggot

>>28721659
Smart money knows. That's all.

>>28721410
crypto is not for the peanutbrains

>>28721845
This. Smart money knows.

>>28722248

>>28722420
thats what ive been trying to tell u biZ

>>28717337
Ok so should I buy or sell. And even about what are we talking here?

>>28723073
fuck off

>>28722837
Let those who can add 1 + 1 make it. Retards deserve to seethe; that image is the biggest spoonfeed ever.

>>28723305
So checked on google real quick. You can suck my dick with that shady shit.
It's ETH based shitcoin.
I would rather buy ETH than trust some scammy looking website, that wants me to install shit. If this wont be on Kraken, Bittrex, Bitstamp, it's obvious scam shit coin.

>>28723541
we going to 1000$ without u fucking hobo
its up 10$ already since i made thread

obviously pumping now retards came to get some customers for the dump, fucking discord trannies

>>28723741
Well it's on kraken. Fine will give it a try.

>>28720694
it's best kept secret on this board but ive got my bag ready

>>28717337
why doesnt just buy DOT?

>>28723850
hahhahahahhahah
imagine thinking biz can have any effect on 1b mcap coins

>>28724094
because kusama profits will buy me many dots u absolute retard. do atleast 5min of research before opening ur hole

>>28724094
ksm to dot to glmr + rad + edg to infinity
remember this even if you don't go for it

>>28724205
i am researching rn and trying to understand how parachain auctions will be better for kusama instead of dot.

do u care to elaborate?

>>28721741
>>28721806
>Econ 101 doesn't apply to MY shitcoin, we will create money out of thin air!

>>28723741
>10x EOW, the $9 billion to make this happen will come from... Uh... DYOR!
kek

>>28723405
>>28724068
how do i buy this
t. nocoiner

>>28724484
ummm maybe because they happen on kusama much sooner?

>>28724769
because kusama is the "training blockchain"... is this it?

>>28724810
ok dont buy it then, why do i give fuck

>>28724495
Thank you anon, I also need to accumulate some more before it takes off

>>28724810
They won't be 'better' but there will be lots of apps and projects applying for Kusama parachains too and Kusama has 1/10th the Market cap of Dot with much less tokens. When the parachain auctions happen, all the Kusama will have to be staked for application right? Now look at supply on coingecko. Tell me what you think will happen to price. Kusama parachains are BEFORE dot parachain too. Menaing u get many dot applications on Kusama first. i will be using them

>>28724913
i will buy, dont worry
just trying to understand it. im a brainlet.

as i can see, kusama is the "test network" for people creating dapps for polkadot network.
maybe this is the reason of your answer

and the parachain auctions is the way that devs can "borrow" space in the blockchain for their project optimization...
is this it?

hence... the price will go up because we will stake KSM for gains.

am i right?

>>28725291
almost

>>28720501
you dont understand kek

>>28717337
A beta test network at a billion. Lol imagine buying this crap. Avante guard development lmfao

>>28725291
Parachain auctions =
hype to get parachain tokens
so demand for ksm goes up
ksm tokens get locked for 2 years
so supply for ksm goes down

What happens if demand + hype goes up and supply goes down at the same time? On a bull market?

>>28725485
keep coping faggot

>>28725485
Better than AVAX -> "we test in prod lol"

>>28724681
get a binance account

>>28724681
Step 1: Buy a fancy gpu
step 2: run mining program
step 3: sit back and accumulate

>>28725515
fucking gains!!!

>>28725485
this is FUD, right?

>>28725515
nothing happens because biz didnt buy hahhah

>>28725291
Yes. Kusama tokens have to be staked in order to obtain a parachain on Kusama. Meaning every project will have to outbid each other for a parachain slot, auction style.

A good one you should think about investing in is Karura, who are offering free tokens for staking your KSM for them.
https://acala.network/kar-crowdloan

>>28721012
Well we're talking about ravencoin now dipshit

>>28725696
i was about to ask this
where is the best place to stake my new kusama coins

>>28725721
its not 2015 anymore grampa

>>28725612
Idk what you call it but the whole thing sounds so cringe.

> By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.


Cringe

>>28725858
cool
my sell targets are 1000$ and then 2000$ next year

>>28725768
https://medium.com/stakin/how-to-stake-kusama-ksm-4529a48bb4e8
You can stake directly via browser wallet or you can apply for a crowdloan and lease out your Kusama to a project you think will do well to earn free tokens.

literally monkeybrain youtubers spoonfeeding you about kusama but you invest your life savings into rubic and asko lmao

>>28726092
if I apply for a crowdloan at acala (karura) and its accepted, i cannot lose my KSMs because of the smart contract that bind them to the project. right?

tommorow evening 250$ per kusama. screenshot this

thats it im selling my kusama and buying rubix. fud got to me...

>>28726897
Ser the roobiks very good
Install the teamviewer I will guide you to buy with google play gift cards please

>>28726298
You can't lose your KSM correct. But they will be locked up for the specified time period.

>>28726897
Ty ser veri good roobis

>>28727498
rubiz or aska for next 1000iq play?